Provided by NWMLS, Listed by KW Greater Seattle
Active
16240 114th Avenue SE
Renton WA, 98055
$899,500
$607.77 per sqft
Active
2 Beds
2 Baths
1,480 sqft
Residential
Built in 1952
This exceptional rental property offers incredible potential in an outstanding location. The main home is a beautifully remodeled 3-bedroom rambler that combines style and comfort. On a spacious 12,800 sq. ft. lot, the property also features a second home at the back, which includes a large, updated upstairs loft. Rambler & loft currently rented. With a current cap rate of approximately 5%, this investment is already performing well. However, the downstairs of the back home presents an incredible opportunity. The nearly 1,000 sq. ft. space, configured as a three-bedroom, one-bathroom unit, has completed framing, electrical, and plumbing. It's ready for drywall and finishing touches, allowing you to unlock even greater rental potential.
2323323
MLSⓇ ID
January 24, 2025
Listed
January 29, 2025
Updated
Map
16240 114th Avenue SE
Renton WA, 98055
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Double Pane/Storm Window, Dining Room, Laminate Hardwood, Wall to Wall Carpet, Water Heater
Appliances
Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Floor Description
Laminate, Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Forced Air
Exterior/Building Features
Lot Size
0.29 Acres
Exterior Features
Metal/Vinyl, Wood
Lot Features
Paved
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Renton
High School
Lindbergh Snr High
Elementary School
Cascade Elem
Other Property Details
Area Name
340 - Renton/Benson Hill
Taxes
$5,051
Tax Frequency
Annually
Garage
No
Parking
Driveway
Parking Total
0
View
Yes
View Description
Territorial
County
King
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/5/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/5/2025 at 2:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 2/5/2025 at 2:00 AM UTC
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